Knowledge or Money: which is more important in starting a business?

[WhiteHouse]

Knowledge, knowledge, knowledge!!!! Cash can be an immense advantage to your business. But KNOWLEDGE guides it. You can be a specialist in your field and start with a $1000, in the event that you are educated you will discover how to concoct the cash. In the event that you simply blow cash on all that you won't ever truly learn and will continue attempting by placing in more cash until your spending plan is no more. Build up your insight prior to putting cash into a task.

 

[Sanusi]

As the matter of fact i can choose knowledge over money because in knowledge there is money, If you have the knowledge then it will be very easy for you to get money because, most people that has money but they don't have this knowledge are really looking for people that has knowledge.

 

[zenith]

But you need the money to get the knowledge so you can't say it is the better between them.knowledg comes from going to school and you need money to go to school.we have seen people without education employing people with education to work for them and they pay them huge.so you can't say knowledge is the superior among the two.

 

[Muhammadawais]

Money can buy something, but not the process of thinking (knowledge) that went into creating that thing. Therefore, knowledge is superior. It is better to be seen as a "knower" than a "rich man". ... One can get money from knowledge, but money alone will not help in gaining knowledge

 

[Jlife]

as far as I know money is the most important thing to consider when starting up a business and knowledge is something that should be considered when starting up a business but combining the two of them together will give you a perfect setting on the type of business you need to go into.
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as far as I know money is the most important thing to consider when starting up a business and knowledge is something that should be considered when starting up a business but combining the two of them together will give you a perfect setting on the type of business you need to go into.

 

[Rom90]

Money and knowledge,both are very important in starting up a business,but the most important of it is knowledge, because if a business man or woman have money to do a business and doesn't have the knowledge,then the money is a waste
We need knowledge to control our money if not so many people will be a victim of fraud, they will be cheated.

 

[zahidhussain]

Money and knowledge are equally important but knowledge is more important i guess with knowledge you can convert your little amount of money into huge amount by your knowledge and skills.because you get skills and techniques which by utilizing you get progress.

knowledge and money both are most important elements for life.To start a buisness you have much skills to work and manage it different ways.But with the help of money you can start a small buisness like handicrafts and groceries and using technique to run it successful

 

[Waqas wajid]

I think in order to run any business, it is necessary to have money as well as knowledge. For a successful business, it is very important for both of them to be together. Maybe that's why even touching one of these things will lead to business loss and money story is a business guarantee.

 

[Prettyjanie]

Both are needed to start a business, if you have knowledge, you still need money to start your business, if you have money, you need knowledge to Star your business. In other words, you can't work with either of the two, you need the two start the business.

 

[Oluwole]

Knowledge and money both are very important in business. If you don't have idea of a business don't invest on it, start a business one need money to start, but knowledge is very important in business.

 

[ALI25]

In starting a business one has to be very careful and make sure all is in place before starting in order to avoid making avoidable mistakes.
Between money and knowledge about a business, which is more important to the business owner who is just starting?

Before we start work, we need to know about the job, as well as the money we need to do business.as we know that knowledge and money not available at same time . If both are available at same time then it's a very good condition to starting a business.

 

[Setfragil]

Money can buy something, but not the process of thinking (knowledge) that went into creating that thing. Therefore, knowledge is superior. It is better to be seen as a "knower" than a "rich man". ... One can get money from knowledge, but money alone will not help in gaining knowledge

I am totally in support of your point. Like people say, knowledge is power. Without knowledge it will be very difficult to manage the resources that you have successfully. Someone with a lot of money without knowledge is like fetching water with basket, a man without knowledge is an empty man or any business that doesn't trive for knowledge is on the verge of collapse.

 

[Davis]

Both are necessary. Although one has to comes first,which is knowledge. The backbone of every business is proper planning, that is indirectly knowledge. You invest money in knowledge.

 

[Fatima]

Between money and knowledge which is more important, the truth is that the two is needed but if you have money ,from your money you can acquire the necessary skills needed for the businesses, so business requires both

 

[Khizar iqbal]

I think for any business both money and knowledge is very important. Money cannot run business and business flops without understanding. It is very important to be together. We can invest as much money as we want in a business but until we have the role to do it, it will not be planned, it will not be managed, then that work is a car, that business is also a car.Money alone is not enough to run a business

 

[flowreal]

Both money and knowledge go hand in hand when starting a business. If you're going to run a business, you will need a start up capital no matter how little to start the business and to run it properly, you also have to have the knowledge and vice versa

 

[mubinadaddy]

Both knowledg and money are very important in starting up a business. if you have money and you dont have knowledge or an idea your business is going nowhere cause in a long run your business will fade from the surface of the earth so i implore you seek for both.

 

[marky]

information and cash are vital and basic to aquire before one can ready to begin business. However, information start things out, you need to figure out how to know about the business you need to go into after that you will be fined cash to contribute on your insight. Accordingly, both are working for one another.

 

[sam386150]

Knowledge and money are very important in business, but in terms of making a choice,I prefer knowledge in managing a business to money,infact before I can open any business knowledge plans is the key.

 

[Popular]

For me is capital
A friend with no knowledge can prosper in his business,business need focus and adequate location and 100% of your capital.